Bitcoin-India.org - Beware Of This Indian Exchange !!! Alert !!!

in #bitcoin6 years ago (edited)

Normally I don't write these kind of posts, however this is NOT NORMAL !!! 😔

bitcoin-india.png

For those of you, who are in time crunch, here is the summary of this post for you :
STAY AWAY From www.Bitcoin-India.org Website.png

Yup, that's about it. You can move on to your work. Saved you 3 minutes there 😉

And for those of you who have time to read this post, lets continue.....

So, bitcoin-India.org has done lot bad things to people who trusted this website. Stuff like Auto selling when BTC price was low, Auto buying when BTC was high (Yeah you read it correct.. Auto Selling When BTC was low).

They deduct huge amount of BTC in name of balance adjustments, Customer Service is non-existent, they don't even process your money withdrawals or coin transfers to different exchanges or wallets. 😢 😡
btc India cc.jpg

This happened with many users, most of the times. How many times you ask?? Well here is their FB page link, you can see list of complains yourself. :-)
https://www.facebook.com/pg/Bitcoin.India.Org/reviews

bitcoin india org.jpg

There is a dedicated 2 page thread about this SCAM/ Wrong Doing on bitcointalk forum.
Link https://bitcointalk.org/index.php?topic=2552428.0
bitcointalk.jpg

These are the incidents that already happened. There maybe many more to happen IF we don't do anything about it.

So, what exactly we can do? Well here are my suggestions:
What we Can Do to Stop This.png

1 - Lets not use this website or any of their services

2 - Spread word of mouth & inform our friends and relative about this (if they are into crypto)

3 - Report Abuse in mass numbers to Go daddy(Bitcoin-India.org's web hosting provider) about their wrong doing so their website can be shutdown. Here is more info about it
https://whois.icann.org/en/lookup?name=bitcoin-india.org
Registrar Abuse Contact Email: [email protected]
Registrar Abuse Contact Phone: +1.4806242505

4 - Resteem / Share this post to spread awareness

BTW, these people were also active on LocalBitcoins.com and here are some more details about them:

https://localbitcoins.com/p/Bitcoin-India
LBC trades: +918680009649

CEO Name Sykam Reddy
Sykam Reddy's Twitter profile https://twitter.com/ActorSykam

One interesting thing about his Twitter profile is that he follows more than 15 Twitter profile with name "Sykam" in it.. Sounds fishy?? It very well maybe.. Twitter Sykam.jpg

So, that's pretty much about it. I did my part by bringing this info to you, rest is up to you as to how you want use it and what you do with it.

I hope this post helps.

Till next time..... 😍

Ciao,
Sandeep B 😎
Technical GupShup/ Crypto Point Hindi

NB: Intent of this post is to spread awareness about such wrong doings. Please do not go out of your way to hate anyone. Always remember, we want to resolve issues and not make them complex !!! 🙇

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@sandeeptgs thank you sandeep bhai is alert ke liye.. aur mujhe pata hi nhi tha ki aap steemit per hai..

Abhi parso hi aaya hoon bhai Sumit bhai ke kehne pe :-)

Bhai mujhe bhi follow karo plz

accha hua aap bhi aagaye.. Bro ho sake toh aur logo ko leke aao taaki steemit per hindi Content bahut sara ho aur hum indian bhi achha khasa kama sake.

bro, thanks for info in letting us know about this scam.

i will NOT USE this website now.seriously so many loss have been done to the people. will they payoff.thankx for sharing @sandeeptgs

@dashigh Bro mene aapka blog post dekha aur mujhe accha laga isliye Tumhe follow kardiya Agar ho sake toh mera post bhi dekhlena

ok brother

i have followed you bro and also commented

Thank you so much

Bhai do you think btc can reach ATH this year?
Please check my blogs out of your busy schedule and help me grow bhai.

@sandeeptgs, Thanks, Sandeep bhai for this alert! Can you share some list of authentic exchanges currently in India. I know few like zebpay, unocoin, etc.

Hi, @anupmoitra try Wazirx exchange, Really good Indian exchange with its own coin and both INR as well as crypto-crypto trading. Try it. Heres a Link:-
https://wazirx.com/#/invite/vcbjp
Thanks &Regards,
TusharG9.

@sandeeptgs
my question is apart from this, hope you will reply.
we can sell btc more than 2-5 for Canadian dollar as non resident person.
I mean any kyc needed for selling at atm or not ?

No KYC needed bhai, but you have to do it in parts as some BTM allows $5000 withdrawal /transaction and some allow $10000 :-)

Dear Sir @sandeeptgs bitcoin is the future mate . People claiming bitcoin being a bubble will soon rush into bitcoin once the price of btc shoots up . Am i right ?

You got a 34.96% upvote from @emperorofnaps courtesy of @sandeeptgs!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

Good news coming Bhai....Facebook lifts ban on cryptocurrency and ico ads.
https://steemit.com/cryptocurrency/@doctorhealth/facebook-lifts-ban-on-cryptocurrency-and-ico-related-ads

Need your views on Facebook upholding the ban on crypto and ico ads @sandeeptgs

@sandeeptgs... Oooo ab India ko kon samjhaye.... Aap es par koi canada ka help le or bataye

Thank you Sir for bringing such an important information to us. I appreciate you very much. I wish you keep it up Sir.

#sandeeptgs thank for sharing this information because of this many people are now aware and it will help them to remain safe frm these scammer

Thank u sir.....for the info👍

Thanks for the information bro.......its really helpful.....🤗🤗🤗

I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

OmG bro I have an account on this site !! What to do??

Even one of my friend get into this trap. You are doing great work sir .it will definitely help many more whi are using this exchange.

Bhai upvote please

Kya bitcoin or down jayega

big scam indian exchange is not trustable

OMG !!
Thanks for this alert information @sandeeptgs

Keep up the good work.

@sandeeptgs51, this awareness spreading post is really appreciable and this truly reflects that you showcase your responsibility towards spreading true messages so that people can stay away from the scams and potential scams, and i am feeling for those whose money got stuck in this because we never know in which situations people invest.

Cryptocurrency is in Infant Stage and we have to remember one thing, whenever we are using any service then we have to go through from all the background because Crypto is so Dynamic and due to lack of Regulations and due to unique Crypto Module one mistake can make you standing at losing side. There are many potential scammers who know how to play in the field so before investing deep dive into all History, like, check all aspects of website, like vision, branches, team behind it and go through YouTube videos, read Articles if any, read reviews, then try an trial mail or call to see if we are getting prompt response or not. Remember one thing, decentralisation is gift to us but in every new era you will see some evil aspects so, be vigilant and act vigilant.

And most importantly never believe in speculations and we have to use our brain before any action.

Keep up brother, and this kind of work is really appreciable and it's beneficial for the community too.

Wishing you an great day and stay blessed. 🙂

@sandeeptgs Bhai am your old follower from technical gupshup please mujhe bhi steemit pr grow krne mein help kro aap to whale ho steemit ki.

@sandeeptgs what will we do if Bitcoin get banned in India 😯😮😯😯

Thanx for saving our asses, bhai

@sandeeptgs this happened to me as well,during bull run in december my BTC was stuck there and i only got it in february after 2 long months.Worse of any Indian Exchange. Never use that. No Support at all.
Even tried to contact their CEO Sykam reddy om linked in.
Here are screenshots of the same conversation. Have a look at his replies. and he is some politician in Hyderabad as seen in his Facebook profile.
Screenshot_2018-07-03-18-15-17-602_com.linkedin.android.png
Screenshot_2018-07-03-18-15-10-963_com.linkedin.android.pngScreenshot_2018-07-03-18-15-22-679_com.linkedin.android.png

@sandeeptgs Thank you for alerting everyone!
You are in an another country yet you take care of your brothers in India from there which is inspiring.
I still cant believe people are so dumb that they just select any random website or exchange and load up their money on it!
Come on people ,its your own money how can you be so careless with it?
as sandeep bhai bolte hey research karo phir hi investment karo.
Good post saw this first in your blog.
Thank you bhai.

Nice sandeep sir bhi aa gaye hai..